Jacob Rubin Acquires Multi Family Property In Bedford-Stuyvesant, Brooklyn For $3.075M

A multi-family property located at 498 Putnam Avenue in Bedford-Stuyvesant, Brooklyn has been sold. The property has a total square footage of 9,360 and a building square footage of 5,200. The sale took place on November 30, 2021, with a sale price of $3,075,000. The price per building square foot is $591, and the price per square foot is $329. The property has a zoning designation of R6B and falls under tax class 2B. The lot size is 2,600 square feet, with dimensions of 26 ft x 100 ft. The previous sale of the property occurred on May 30, 2018, at a price of $2,250,000.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $3,075,000
• Building Square Footage: 5,200
• Price per Building Square Foot: $591
• Total Square Footage: 9,360
• Price per Square Foot: $329
• Zoning: R6B
• Tax Class: 2B
• Lot Size: 2,600 square feet
• Lot Dimensions: 26 ft x 100 ft

The buyer of the property is Jacob Rubin, and the seller is Irina Saks. Jacob Rubin represented himself in the transaction, while Irina Saks was represented by her broker. The property has a floor area ratio of 3.60.